HARTFORD, Conn. (AP) - Connecticut’s two tribal casinos reported lower slot machine revenue in October, though Foxwoods Resort Casino said bets were higher than a year ago.
The Mohegan Sun reported bets of nearly $580 million, down slightly from about $582 million in October 2014. Revenue of $48 million was down about 2 percent from $48.9 million.
Foxwoods, which is operated by the Mashantucket Pequots, reported bets totaling $482.5 million, up 1 percent from October 2014. Revenue of $38.6 million was down 3 percent.
The two casinos have reported a few months of rising bets and revenue after years of declines due to the weak economic recovery and casino competition in the Northeast. The Mohegan Sun and Foxwoods are seeking a joint venture in central Connecticut to compete with the planned MGM Resorts casino in Springfield, Massachusetts.
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